NioCorp Secures 100% Offtake for Elk Creek Project Production Over 15 Years

Key Facts

1NioCorp signed a 15-year definitive agreement with Traxys to purchase 50% of its planned ferroniobium production.

2100% of the Elk Creek Project's planned production is now covered by commercial agreements for the first 15 years of operations.

3This milestone is expected to support NioCorp's proposed debt financing package with the U.S. Export-Import Bank.

NioCorp Developments Ltd signed a 15-year definitive agreement with Traxys North America LLC to purchase 50% of its planned ferroniobium production. According to ACCESS Newswire, 100% of the Elk Creek Project's planned production is now covered by commercial agreements for the first 15 years of operations.

The milestone is expected to support NioCorp's proposed debt financing package with the U.S. Export-Import Bank by de-risking the project's long-term outlook. Regarding market performance, NB closed at $3.28 on October 12, 2026, after trading between a session low of $3.25 and a high of $3.46.